In connection with the upcoming introduction of the euro as the official currency in the country, starting from 01.01.2026, we would like to inform you about some important requirements that should be fulfilled in the last working days before the change.
The New Year is just around the corner, and with it comes an important milestone – Bulgaria’s transition to the euro. We know this is a time of celebration, but also change, and we want to make sure you feel confident and prepared.
In connection with the forthcoming changeover to the new national currency, we would like to inform you that as of 01.01.2026 there will be no technical possibility to process refunds of cardholder transactions made via POS terminal in BGN.
At the 32nd Banker of the Year Annual Awards Ceremony, organized by BANKER Daily, Christof De Mil, Chief Executive Officer of UBB and Country Manager of KBC Group in Bulgaria, was presented the prestigious Banker of the Year award for preserving the leadership position of UBB as the biggest bank on the market in 2025 in terms of total assets.
Teodor Marinov, Chief Financial Officer of UBB, Kosta Cholakov, Chief Executive Officer of DZI and Nikolay Stoykov, Chief Executive Officer of UBB Pension Insurance presented their expert opinions on topics, linked to the readiness of businesses and individuals for adopting the euro, the economic prospects before Bulgaria in short-term and long term perspective, the evolvement of the insurance business and of the additional pension insurance, the financial literacy and culture as a factor for th
In connection with the introduction of the euro as the official currency of the Republic of Bulgaria from 01.01.2026, we would like to inform you about a necessary update in your virtual POS terminals.